Chairman’s Cayman company a factor in Wrightson asset sale
Concern about dilution of 50.2% shareholder blocks PGG Wrightson capital raise.
Tim Hunter
Mon, 06 Aug 2018
The position of its controlling shareholder Agria appears to be behind PGG Wrightson’s sale of its seed and grain business to a Danish co-operative.
“It goes back to the strategic review,” chief executive Ian Glasson says.
PGG Wrightson had been funding its growth from the sale of
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Tim Hunter
Mon, 06 Aug 2018
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